"From degrading comments to vile posts to videos that urge self-harm, the internet is a cesspool that shows the worst of humankind... But it’s not the internet that is the problem. It’s humanity..."
“…recent market losses highlight the uphill credit challenge facing governments that rely on high-return/high-risk pension assets to cover a large portion of their pension benefit promises.”
"It’s the same formula: a financially desperate government resort to plundering their citizens, and eventually push them too far. Our modern-day pantheon on Socialist nitwits consistently fails to understand this key lesson from history."
"[T]he actions of Mrs. Northam, just last week, do not lead me to believe that this Governor’s office has taken seriously the harm and hurt they have caused African Americans..."
The survey showed that the media ranked dead last in a list of most trustworthy Washington institutions, behind Congress, the military and - get this - the executive branch.
While the Fed is giving investors comfort there won’t be much downside in the market, it’s also true that Powell can’t get much more dovish from here, and the risks over each ‘Fed speak’ event are growing more skewed to the downside.
